The move will restrict international investment and trade flows to and from the Southeast Asian country.
Financial Action Task Force (FATF), a global money-laundering watchdog, says it has concerns that the country is highly vulnerable to money laundering.
They will put Cambodia on its “grey list” within the next couple of months.
US to blockade Iran on Monday after talks fail to yield a deal
The US Central Command said it will begin implementing a blockade of all maritime traffic entering and exiting Iranian ports on April 13 at 10 a.m. ET (1400 GMT), after President Donald Trump said the US Navy would start blockading the Strait of Hormuz.
Haiti declares three days of national mourning for 25 killed in stampede
Haiti has declared three days of national mourning on Sunday, a day after a deadly stampede killed 25 people during an annual celebration thronged by students and visitors at its Laferriere Citadel tourist attraction.
Orban ousted after 16 years as Hungarians flock to pro-EU rival
Hungary's veteran nationalist leader Viktor Orban lost power to the upstart centre-right Tisza party in Sunday's national election after 16 years in office, marking a setback for his allies in Russia and US President Donald Trump's White House.
Trump vows to blockade Strait of Hormuz after Iran peace talks stumble
President Donald Trump said on Sunday the US Navy would immediately start blockading the Strait of Hormuz, raising the stakes after marathon talks with Iran failed to reach a deal to end the war, jeopardising a fragile two-week ceasefire.
Nigerian airstrike hits market, 200 feared dead
At least 200 people are feared dead after Nigerian military jets struck a village market while pursuing rebels in the northeast of the country on Saturday night, a councillor for the area and residents said on Sunday.
